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The ride-sharing giant said Wednesday it would reduce the number of \"micro-teams\"-those with only one or two direct reports-by nearly half.The move is part of a broader plan to cut 10% of its staff, about 3,300 people. Ultimately, the company will have 20% fewer managers, a spokesman said.Background and key C-suite quote: Intel CFO David Zinsner said last week that the chip maker had shrunk its layers of management by half, from 12 to six. The company \"pulled a lot of middle management out, which bogged down a lot of the decision-making,\" he said. In May, Coinbase announced layoffs with the aim of having no more than five management levels below its leadership team.Volkswagen's supervisory board has approved a plan to double job losses at the automaker to 100,000 and halve its model portfolio as it contends with 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Midterm-Election Chaos Can Roil Markets. Here's One Trader's Play.","url":"https://stock-news.laohu8.com/highlight/detail?id=2664529339","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664529339?lang=en_us&edition=fundamental","pubTime":"2026-09-04 19:21","pubTimestamp":1788520860,"startTime":"0","endTime":"0","summary":"The time to buy insurance is when no one wants to buy insurance, says trader Kevin MuirOne trader thinks stock-market volatility will spike in the run-up to, and the aftermath of, the U.S. midterm elections on November 3. Yet, buying portfolio protection through put options on the S&P 500  has been getting cheaper.Kevin Muir is a former institutional equity-derivatives trader and author of a closely followed Substack column on markets, The MacroTourist.  In his latest installment, published Friday, he wrote that the chances of a disputed or chaotic election outcome are understated. The political and governmental turbulence this scenario could generate is mispriced by options markets.Implied moves for midterm elections are more in line with pre-2018 levels.Muir's thesis is based on the general impression among pollsters that President Donald Trump's popularity is flagging and that the Democrats will take control of the House, even while the Republicans retain the Senate. 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Buzz: Wallstreetbets Stocks Mixed Premarket Friday; Micron to Rise, Lululemon to Fall","url":"https://stock-news.laohu8.com/highlight/detail?id=2664336565","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664336565?lang=en_us&edition=fundamental","pubTime":"2026-09-04 18:36","pubTimestamp":1788518171,"startTime":"0","endTime":"0","summary":"The most-talked-about stocks in the Reddit subforum Wallstreetbets were mixed hours before Friday's opening bell.Micron Technology  was up 1.9% premarket, after a 0.2% increase at Thursday's close.Nvidia  advanced by 1.5% in premarket hours, following a 1.8% rise in the previous session.Broadcom  was 1.2% higher in pre-bell activity, swinging from a 2.7% decline at Thursday's close.SpaceX  was up 0.3% pre-bell, after a 6.4% increase in the previous session.Lululemon Athletica  fell by 19% hours before market open, reversing a 1.4% increase at Thursday's close. The company overnight reported a decline in its fiscal Q2 results and cut its full-year outlook.Zscaler  was down 3% premarket, after a 2.9% increase in the previous session.Tesla  declined by 2% pre-bell, swinging from a 5.4% rise at Thursday's close.Robinhood Markets  was 1.4% lower in premarket activity, after closing Thursday with a nearly 17% 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The memory-chip company was benefiting from a broader stock and bond rally.Micron shares were up 1.9% in premarket trading Friday, having risen 2.7% the past 5 days. The Friday move was broadly in line with the wider market, with futures tied to the Nasdaq 100 gaining 0.3%, as lower bond yields relieved pressure on technology stocks.Among other memory-chip companies, American depositary receipts of SK Hynix were up 1.6% in the premarket and Sandisk was rising 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Chatter: Nvidia Increases Equity Investments to $99 Billion","url":"https://stock-news.laohu8.com/highlight/detail?id=2664533333","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664533333?lang=en_us&edition=fundamental","pubTime":"2026-09-04 17:36","pubTimestamp":1788514563,"startTime":"0","endTime":"0","summary":"Nvidia  has increased its equity investments more than ten-fold in the past year to $99 billion, as of July 26, CNBC reported Friday.The company's equity investments last year totaled $7 billion and about $2.2 billion two years earlier, the report said.However, the total still lags investments by Alphabet  and Amazon , the report said.Among the investments are the country's $12.9 billion acquisition of Hugging Face and stakes in Microsoft-backed  OpenAI, Coreweave , startups Lumentum, Coherent and Marvell, the report said.Nvidia did not immediately reply to MT Newswires' request for 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Buy Rating Reaffirmed as Hugging Face Acquisition Strengthens AI Platform and Long-Term Upside","url":"https://stock-news.laohu8.com/highlight/detail?id=2664380040","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664380040?lang=en_us&edition=fundamental","pubTime":"2026-09-04 16:45","pubTimestamp":1788511531,"startTime":"0","endTime":"0","summary":"William Blair analyst Sebastien Naji has maintained their bullish stance on NVDA stock, giving a Buy rating yesterday. 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Digest-New York Times Business News - September 4","url":"https://stock-news.laohu8.com/highlight/detail?id=2664389248","media":"Reuters","labels":["event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664389248?lang=en_us&edition=fundamental","pubTime":"2026-09-04 13:36","pubTimestamp":1788500197,"startTime":"0","endTime":"0","summary":"PRESS DIGEST-New York Times business news - September 4Sept 4 (Reuters)-The following are the top stories on the New York Times business pages. 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Expands AI Push, Plans $2.5 Billion Investment in Thinking Machines Lab","url":"https://stock-news.laohu8.com/highlight/detail?id=2664893503","media":"TradingKey","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664893503?lang=en_us&edition=fundamental","pubTime":"2026-09-04 11:41","pubTimestamp":1788493277,"startTime":"0","endTime":"0","summary":"Nvidia deepens its AI dominance with plans to invest $2.5 billion to acquire a stake in Thinking Machines Lab, an AI company founded by OpenAI's former Chief Technology 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